Form 10-Q ACUITY BRANDS INC For: May 31
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Acuity Brands (AYI) Tops Q3 EPS by 3c
July 1, 2015 8:38 AM EDTAcuity Brands (NYSE: AYI) reported Q3 EPS of $1.37, $0.03 better than the analyst estimate of $1.34. Revenue for the quarter came in at $683.7 million versus the consensus estimate of $686.94 million.
Vernon Nagel, President, CEO, and Chairman, commented, We remain very bullish about our prospects for continued future profitable growth. Third-party forecasts as well as key leading indicators suggest that the growth rate for the North American lighting market, which includes renovation and retrofit activity, will be in the mid-to-upper single digit range for our fiscal 2015 with expectations that overall demand in our end markets will... More
